trivago (NASDAQ:TRVG – Get Free Report) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totalling 60,700 shares, a decrease of 16.6% from the June 15th total of 72,800 shares. Based on an average daily volume of 65,300 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the company’s stock are short sold.
trivago Price Performance
NASDAQ:TRVG opened at $2.22 on Monday. The firm has a 50-day moving average of $2.19 and a two-hundred day moving average of $2.43. trivago has a 1-year low of $1.98 and a 1-year high of $7.40.
trivago (NASDAQ:TRVG – Get Free Report) last issued its quarterly earnings results on Tuesday, April 30th. The technology company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). trivago had a negative net margin of 38.54% and a positive return on equity of 4.40%. The business had revenue of $110.13 million during the quarter, compared to analysts’ expectations of $115.47 million. On average, research analysts expect that trivago will post -0.08 EPS for the current year.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on trivago
Institutional Trading of trivago
A number of hedge funds have recently made changes to their positions in the stock. Inflection Point Investments LLP bought a new position in trivago during the 4th quarter valued at $572,000. Quadrature Capital Ltd bought a new position in shares of trivago during the fourth quarter worth about $67,000. BNP Paribas Financial Markets acquired a new position in trivago in the first quarter worth about $173,000. Acadian Asset Management LLC increased its holdings in trivago by 10.3% in the first quarter. Acadian Asset Management LLC now owns 721,020 shares of the technology company’s stock valued at $1,966,000 after buying an additional 67,053 shares during the last quarter. Finally, Tidal Investments LLC acquired a new stake in trivago during the first quarter valued at approximately $393,000. Institutional investors and hedge funds own 4.50% of the company’s stock.
trivago Company Profile
trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels.
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